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Market News

Location American Market News for 9 April 2024

S&P 500 Rises Ahead of Inflation Data

Wall Street Journal - 10 Apr 2024 00:37
Government-bond yields slipped, while gold prices clinched a third consecutive record close.
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Are NRIs allowed to take loans from their siblings in India? A resident individual is permitted to provide a rupee loan to any of their siblings in their NRO account under the LRS framework.
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How the national pension scheme can be utilized for early retirement Early retirement is possible by investing the requisite amount in an instrument which can grow well in the accumulation phase and takes care of regular income in the distribution phase like the NPS.
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American Investors Embrace a Less-Democratic India

Wall Street Journal - 9 Apr 2024 15:00
India's economic might is on the rise, but it's undergoing a democratic recession. American businesses seem to prefer this.
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FD interest rates: 5 banks offer more than 7 per cent per annum on their fixed deposits HDFC Bank offers highest interest rate of 7.25 percent on its deposits with tenure of 18 to 21 months. The bank also offers 7.15 percent on fixed deposits with tenure between 2 years 11 months to 35 months
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Income Tax Return: 5 lesser-known tax-saving tips from Section 80 Explore lesser known tax saving tips beyond Section 80C investments like PPF and ELSS, such as Section 80GG for rent expenses, Section 80D for medical insurance premiums, and Section 80CCD(1B) for NPS contributions.
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Paramount Faces a Mountain of Distrust

Wall Street Journal - 9 Apr 2024 14:00
The ownership structure shades deal talks, leaving regular shareholders with few options aside from voting with their feet.
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Gold futures prices hit a fresh high, sustained by geopolitical tensions, monetary easing hopes, Chinese economic woes, central-bank buying and algorithmic trading.
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HDFC ERGO introduces Paws n Claws, an all-inclusive insurance plan that covers pet diagnostics HDFC ERGO's Paws n Claws appears to be a comprehensive pet insurance plan that could be invaluable for pet owners. With veterinary costs on the rise, this plan offers essential financial protection for those who want to ...
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HSBC to Sell Argentina Business for $550.0 Million

Wall Street Journal - 9 Apr 2024 08:39
HSBC Holdings has agreed to sell its Argentina business to the country's largest private financial group as it looks to spend resources on higher-value opportunities.
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Can you transfer a personal loan to another person? MintGenie answers Transferring a personal loan directly to another individual is not feasible. Personal loans are approved based on your creditworthiness and financial standing.
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Climbing prices could set back the Federal Reserve's plan to cut interest rates.
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How do savings and investments impact your CIBIL score? Savings and investments do not directly impact your CIBIL score, they can indirectly influence it through various financial behaviours and indicators of financial stability and responsibility.
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CIBIL: Want to lease a car but have low credit score? 3 key things you should keep in mind At the time of leasing a car, the leasing company tends to check CIBIL score as part of the approval process. A low CIBIL score could lead to rejection of lease application or approval with unfavourable terms such as lar...
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How does your employment status influence your CIBIL score? MintGenie explains While employment status itself does not impact your CIBIL score, it influences factors such as income stability, ability to repay debts, and access to credit, all of which influence your credit score.
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